Waterfront
Address
100 S Texas Street, Tioga, TX
Price
$ 4,897,500
Property Attributes
  • MLS#20303328
  • TypeContingent
  • CountyGRAYSON
  • CityTioga
  • NeighborhoodCharles Kitchen survey & PH Street Addn
  • Zip76271
  • StyleHotel/Motel
  • Year Built1998
  • Taxes$ 31209
  • Price$ 4,897,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size52.38 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

ATTENTION INVESTORS & DEVELOPERS!*!* Over 52 acres of prime investment property with 7 acre private lake and resort quality accommodations. Existing tenant on short term lease but interested in remaining. Main Lodge (approx. 12,800 sf) has a commercial restaurant kitchen and large dining hall, large meeting hall, several private offices, meeting library, large open seating areas, private and public style restrooms, storage rooms, mechanical facilities & 1- 2nd floor meeting room. Masonry Sided Motel complex with 14 units and laundry facilities. Wood Sided Motel complex with 16 units and laundry facilities. Wood Frame Office building. Once home to Spirit of the West Resort with a 9 hole, par 3 golf course. City utilities are at the property and assessable for future development. All information is to best of Agents knowledge but not guaranteed or warranted. Buyers to confirm all information.

Price History
5/10/2023 Listed $5,250,000
9/6/2023 5% - $4,997,500
2/27/2024 3% - $4,897,500

General Features

Heating Central,Other
Cooling Ceiling Fan(s),Central Air,Other
Utilities All Weather Road,City Sewer,City Water,Electricity Connected,Individual Gas Meter,Natural Gas Available,Overhead Utilities,Septic,Other
Ceiling Height 8 to10 Feet,11 to 14 Feet,Other
Possession Negotiable
Roof Composition,Spanish Tile
Exclusions All personal property and Tenant property including kitchen equipment.
Year Built 1998
Tenant Pays All Utilities,Other
Business Type Bar/Tavern/Lounge,Bed & Breakfast,Commercial,Convalescent,Health Services,Hospitality,Hotel/Motel,Medical,Mixed,Professional Office,Professional Service,Recreation,Restaurant,Other
Unexempt Taxes 31209
Building Use Food Service,Hotel/Motel,Medical,Office,Restaurant
Will Subdivide Yes
Gross Annual Expenses 0.00
Property SubType Hotel/Motel
Subdivision Name Charles Kitchen survey & PH Street Addn
Zoning Description Contact City of Tioga
Occupant Type Tenant
County Grayson
Property Type Commercial Sale
Construction Materials Frame,Siding,Stucco
Year Built Details Preowned
Special Notes Flood Plain,Flowage Easement,Right of First Refusal,Special Contracts/Provisions,Utility Easement
Status Active Option Contract
Directions US Hwy 377 to Tioga,turn west on Gene Autry Drive and cross RR tracks and Texas Street to Healing Springs Ranch privacy gate. Listing Agent will meet you at the gate.
City Tioga
Buyer Agent Compensation 3
Street Name Texas
Virtual Tour URL Unbranded https://www.healingspringsranch.com/facility-tour/
Virtual Tour URL Branded sites.skyshotstudios.com/100stexasst/?mls
Standard Status Active Under Contract
Buyer Agent Compensation Type %

Interior Features

Flooring Brick/Adobe,Carpet,Ceramic Tile,Concrete
Total Stories 2
Total Units 18
SQFT Gross 2281672
Lock Box Type None
Street Suffix Street

Exterior Features

Lot Features Acreage,Few Trees,Tank/ Pond,Varied,Water/Lake View,Waterfront
Lot Size Source Assessor
Parking Features On Site,Varies by Unit
WaterFront Features Lake Front
Lot Size 50 to =< 100 Acres
Foundation Combination,Slab,Other
Lot Size Area 52.3800
Lot Size Units Acres
Building Area Total 1626.00
Road Frontage Type City Street,County Road
Lot Size Square Feet 2281672.8000
Lot Size Acres 52.3800

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 76271

Price
AVG $1.8M
$4.9M
Taxes
AVG $6,802
$31,209
Visits
AVG 90
103
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1998

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